Our own developer Christian Stimming has been contributing to this book as a reviewer, and we can wholeheartly recommend the outcome of this fruitful collaboration. Feel free to have a look at this book over at packtpub.com, and, best of all, the publisher has committed to allocate some percentage of the book sales back to the GnuCash project. Have fun with this book!

Features

GnuCash is powerful accounting software. Below are details of some of the numerous features that GnuCash has to offer to its users.

Main features

Double Entry

Every transaction must debit one account and credit others by an equal amount. This ensures the books balance: the difference between income and expenses exactly equals the sum of assets and liabilities.

Checkbook-Style Register

The register supports common checking and credit-card transactions, as well as income, stock and currency transactions. The following features are also provided:

The ability to enter split transactions

The ability to mark a transaction as cleared or reconciled

Autofill of entered transactions

The ability to display multiple accounts in a single register window

A summary bar that displays all of the relevant account's balance information

Many options to customize the appearance and the display style

Ütemezett tranzakciók

You can create recurring transactions with a high level of customization of amounts and timeline. You can also set an automatic reminder when a transaction is due.

An assistant that runs when GnuCash is started allows scheduled transactions to be postponed without canceling or entering them before the due date.

Jelentések, grafikák

GnuCash has an integrated module to display graphs of your financial data in the form of:

Barcharts

Piecharts

Scatter plots

GnuCash also comes complete with a full suite of standard and customizeable reports, such as:

Balance Sheet

Nyereség & Veszteség

Portfolio Valuation

és még sok minden más.

Graphs and reports can be highly and easily customized in appearance and contents, in order to fullfill every user's need.

Statement Reconciliation

Account reconciliation allows the user to compare the transactions entered in an account against a bank statement. This operation is very useful to spot untracked transactions or data entry errors and ensure that your books match the bank's.

Income/Expense Account Types

Income/Expense Account Types (Categories) allow you to categorize your cash flow. When used properly with the double-entry feature and equity accounts, these enable you to generate reports, such as Profit & Loss, that plain-vanilla systems cannot handle.

Advanced features

Small Business Accounting Features

Simplify managing a small business with Customer and Vendor tracking, Jobs, Invoicing and Bill Payment, and Tax and Billing Terms.

Using A/Receivable and A/Payable accounts you can even manage payrolls for your employees.

GnuCash gives you also a tool to manage your business' budget so that you can easily plan your financial strategy.

Devizák

Different accounts can be denominated in different currencies. Currency movements between accounts are fully balanced when double-entry is enabled.

Stock/Mutual Fund Portfolios

Track stocks individually (one per account) or in portfolio of accounts (a group of accounts that can be displayed together).

Online Stock & Mutual Fund Quotes

Data storage and exchange features

Experimental database support

GnuCash by default stores data in an xml format. Starting with version 2.4, GnuCash financial data can be stored in a SQL database using SQLite3, MySQL or PostgreSQL.

Note this feature is considered experimental. It works for most of the common use cases but some corner cases have been reported to result in data loss. The GnuCash developers fix each issue as it gets reported. There is however no full test coverage so there may still be scenarios left that result in data loss.

QIF és OFX import

If you are migrating from other financial software, GnuCash can import Intuit® Quicken®QIF files using a practical assistant.

GnuCash is also the first free software application to support the OFX (Open Financial Exchange) protocol that many banks and financial services are starting to use.

A transaction matching system ensures that duplicate transactions are accurately recognized and automatically deleted during file import.

HBCI támogatás

GnuCash is the first free software application to support the German Home Banking Computer Information protocol, allowing German users to perform statement download and initiate bank transfers and direct debits.

Other goodies

Multiplatform

GnuCash runs on many different operating systems including Windows, MacOSX and Linux.

Tranzakció kereső

A powerful transaction query dialogue can help you quickly locate a needle in a haystack.

Csekk nyomtatás

Cheques may be printed in standard formats on common cheque stocks. A customisation GUI allows custom cheque layouts to be developed.

Mortgage & Loan Repayment Assistant

A guided dialogue for setting up loan payments as scheduled transactions.

User Manual and Help

GnuCash is very well documented: along the application Manual, new users can take full advantage of the Tutorial and Concepts guide. This document gives background information on accounting principles and how they are reflected in GnuCash with many practical examples described step by step.